#fitbela epro review
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Exposed: The Shocking Truth Behind Fitbela Epro Limited
FITBELA EPRO Ltd (UK) is a United Kingdom-based online forex broker. FITBELA EPRO provides its clients with access to the world’s most popular trading platform, MT4, as well as a large selection of trading products and leverages up to 1:500. In this article, we will provide an in-depth review of FITBELA Epro Limited.
License and Regulations
LICENSE STATUS
FITBELA Epro Limited operates without a valid license from reputable financial regulatory authorities. They are established in the UK but have no license for UK financial regulators.
REGULATION STATUS
Similarly, FITBELA Epro Limited lacks regulation by any recognized financial regulatory bodies. They don’t have any regulation from FCA, as they are in the UK. They also don’t have any regulations from FINMA etc.
Why Dealing With Unlicensed Brokers Is Risky?
Engaging with unlicensed brokers, such as FITBELA Epro Limited, poses significant risks to traders. Without proper oversight and regulation, there is a higher likelihood of fraudulent activities, misappropriation of funds, and unfair trading practices. Furthermore, unlicensed brokers lack the necessary mechanisms to resolve disputes and protect client interests.
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LEGAL WARNINGS AGAINST FITBELA EPRO LIMITED
Several financial regulatory authorities have issued warnings about FITBELA Epro Limited. Department of Financial Protection and Innovation (USA) clearly stated their warning against this broker.
Client Feedback About FITBELA Epro Limited
ABOUT THEIR TRADING
Complaints about FITBELA Epro Limited’s trading practices include manipulation of prices, frequent slippage, and excessive requotes. These practices undermine the integrity of the trading process, leaving traders at a significant disadvantage.
Source: https://reviewsadvice.com/exposed-the-shocking-truth-behind-fitbela-epro-limited/
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